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Deepak Founded Capital Mind, which mines financial data and provides analytics. Deepak is part of the core team that helps build, grow and keep our data platform up to date. He lives in Bangalore. Connect with him at deepakshenoy@capitalmind.in.

3 Comments

I was surprised about the 100 cr allocation to high-speed rail. Gowda mentioned that the Railways would fund the study for high-speed rail. Which basically means that ‘initiative’ is pure hog-wash.

Still unclear how the capital plans for the next 5-10 years will be financed using annual surplus of 13,000 crore only? If the answer is PPP, then the public will have to pay or else the Railways have to pay. if Rlys have to pay then the surplus will not be so high. Gowda seems to have borrowed from the mamta banerjee school of thought…qualitative excellence at the expense of quantitative detail.

xyz
July 8, 2014 at 8:33 PM

Thanks for the brief! I also curious as to how they are going to fund the high-speed rail project with just Rs 100 cr.

Rahul
July 8, 2014 at 11:59 PM

Raj,what do you mean by qualitative excellence at the expense of quantitative detail?

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